The FTSE 100 reached a new record high at the close. - James Manning/PA. The FTSE 100 has reached a new high despite falling ...
The FTSE 100 made strong headway on Wednesday, supported by a larger-than-expected cooling in inflation and a spike in the oil price. The FTSE 100 index closed up 89.53 points, 0.9%, at 9,774.32. It ...
Oil prices edged up on Tuesday as a massive winter storm hit crude production and affected refineries on the U.S. Gulf Coast.
Jan 28 (Reuters) - Citi said on Wednesday that oil prices may stay elevated due to rising geopolitical risks, U.S.
The International Energy Agency has raised its 2026 global oil demand growth forecast to 930,000 barrels per day, citing ...
Analysts expect a significant oil glut through early 2026, with inventories rising and prices forecast to average below $60 per barrel. While 2026 looks oversupplied, the futures curve and shifting ...
A service truck drives past an oil well on the Fort Berthold Indian Reservation in North Dakota on November 1, 2014. (Andrew Cullen/Reuters) Sharp, rapid swings in the price of oil can have outsize ...
HOUSTON, Dec 12 (Reuters) - Oil prices closed lower on Friday, marking a 4% weekly decline as a supply glut and a potential Russia-Ukraine peace deal outweighed worries about any impact from the U.S.
Almost every day, an oil tanker arrives off the coast of Guyana to pick up a cargo that could reach a buyer practically anywhere on the planet. The stream of shipments is all the more remarkable ...
The Energy Select Sector SPDR Fund ETF (XLE) has sharply decoupled from oil prices, becoming extremely overvalued relative to the commodity. XLE's valuation has soared as sales and margins have ...